Feb 25, 2013 3:00am PST
news. it is bad news on the domestic side and on the pentagon side. and it's not to be taken lightly on the domestic side. every single program that people count on is going to be cut across the board, 13%. >> that's social security. >> that's medicare. >> that's medicaid. >> that's headstart. >> that's -- it's -- it is so bad that the congressional budget office said: this sequester will take us not right away but probably by the end of the year from recovery into recession. back into recession. so this thing, here you go, you do this. the economy is going to tank. i was in the briefing room friday at the whitehouse when secretary ray lahood came in secretary of transportation, ray lahood, talking about just one other aspect of that, of the sequester that we can expect and that is in air travel. the secretary mentioned they have no flexibility in this. they have to cut so much and the only wake they can cut with so many employees they've got is to make -- is to require some of them to take a furlough. most of their employees are air traffic controllers.